Investor in TROLL Memecoin Makes Almost $2.7 Million In Return

A crypto enthusiast’s investment of $30,000 in the TROLL token can bring them about $2.7 million in return. Such a result is achieved thanks to the latest mischievous actions of Elon Musk. Known for his influence on the crypto market, the entrepreneur recently changed his X profile bio to “(CTO) Chief Troll Officer,” which could spark interest in the mentioned cryptocurrency, following an unprecedented rise in its value.

The above-mentioned investor purchased over 80 trillion TROLL tokens during a period when the price was near its lowest level. Today, the value of these tokens is $2.79 million, as per Lookonchain report. The token was launched on the Ethereum network in April 2023. As is often the case, after the initial launch it experienced a sharp increase in value, similar to Pepe Coin (PEPE). However, in 229 days, the value of the coin fell by approximately 94.4%.

However, the value of the coin increased recently by more than 13,000% in just six days. TROLL currently boasts a market capitalization of approximately $35.2 million and a daily trading volume of $15 million. Despite the current hype surrounding TROLL, investors are advised to exercise caution and be aware of the inherent risks associated with investing in meme coins.